dannyboy

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  • in reply to: BMI Royalty Payments 11-17-23 #43974
    dannyboy
    Participant

    As a non-ex sync company we understand that Crucial may mistakenly receive royalties for publisher’s share that you or another publisher should receive. We have always and continue to pay out those funds 100% without taking an admin fee, for both synch placements and audio only streaming performance and mechanical income. It’s actually part of our contract since 2018, when we started collecting our own publishing directly in Europe. Our writers have benefited from the additional mechanical income we collect in Europe on behalf of the writers share; which they would not receive otherwise.

    in reply to: Avoid double taxation of 30% – which form? #43391
    dannyboy
    Participant

    i may be wrong but this W8BEN form is for foreign artists who have deal in the US and they complete it to submit to the IRS. I don’t think it works the other way.

    for you as a US citizen you have to complete a form called 8802 and send that into the the IRS who will then send you a letter called Form 6166. it is a certificate of US residency which waives the double taxation. You send an original copy of that form to the Italian publisher. so always order more than one copy so in case the fed ex is lost. they normally do not accept a PDF copy. You also need to see if the Italian PRO requires their own form to be completed along with the form 6166. ask your publisher. the link to the forms with the irs are here.

    https://www.irs.gov/individuals/international-taxpayers/form-6166-certification-of-us-tax-residency

    you need to submit this asap for this year. and then in january every year thereafter unless italy only requires this form every couple years (germany only requires every 3 years and some other countries don’t require at all).

    beware during non-pandemic years, it takes the IRS 1 to 2 months to process. during the pandemic or government shutdown it can take 6 months.

    in reply to: Rumblefish Opt-out Question for Direct License for YouTube #13235
    dannyboy
    Participant

    you can send rumblefish a link to the video before it goes up and ask them to demonetize it. that will be a double check for you

Viewing 3 posts - 1 through 3 (of 3 total)
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